Advanced Micro Devices (AMD) Reports In-Line Q4 EPS, Q1 Guidance Misses

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AMD Reports Fourth Quarter and Annual 2018 Financial Results

January 29, 2019 4:15 PM EST

SANTA CLARA, Calif., Jan. 29, 2019 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced revenue for fiscal year 2018 of $6.48 billion, operating income of $451 million, net income of $337 million and diluted earnings per share of $0.32. On a non-GAAP(1) basis, operating income was $633 million, net income was $514 million and diluted earnings per share was $0.46.

For the fourth quarter of 2018, the Company reported revenue of $1.42 billion, operating income of $28 million, net income of $38 million and diluted earnings per share of $0.04. On a non-GAAP(1) basis, operating income was $109 million, net income... More